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AT&T Going After Verizon Wireless Assets

Feb 4, 2009, 8:50 AM by Eric M. Zeman

As part of its acquisition of Alltel Wireless, Verizon Wireless must divest $3 billion worth of spectrum and other assets, including coverage of some 2.1 million subscribers spread across 22 different states. The assets are up to Verizon to sell, but AT&T has made its interest in acquiring those assets clear. The Rural Cellular Association and the Organization for the Promotion and Advancement of Small Telecommunications Companies voiced their concerns, as did the public interest group Public Knowledge. They feel the transfer of assets from the largest wireless network operator to the second largest network operator may not be in the best interest of consumers. The Department of Justice must approve the divestitures, and will examine each market individually to make sure that competition is preserved.

Wall Street Journal »

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Comments

This forum is closed.

This forum is closed.

cellgeek82

Feb 4, 2009, 9:31 AM

What locations?

Anybody with connections know where exactly this will happen? I have family in Virginia that have Verizon, and I have both AT&T and Verizon (still deciding which is better). I do know that the area they live will be affected by the merger. Verizon has footprint there as well as the late Alltel. If AT&T buys the towers there both services would work. I just wanna know if this will be all divested towers or just certain areas.

rossi27530

The DOJ will probably only allow AT&T to acquire spectrum in markets that Verizion and Alltel existed but that AT&T did not yet have a presence.

-Justin

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jskrenes

North Dakota, South Dakota, and parts of MN and NE in the midwest/plains region are areas that must be divested.

Jayshmay

Feb 4, 2009, 11:25 AM

I don't understand how this works. . .

Verizon's assets are CDMA, and AT&T (GSM) is persuing Verizon's asset. I don't get this.

A little help please.

haley72

Att is after the Spectrum. It wouldnt be that hard to convert to GSM from CDMA. Att just needs the space not nessessarily the "towers".

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durkadurkha

long story short picture spectrum like a very wide toll road.

the government regulates how many lanes of the toll road each carrier has access to. the more spectrum a single carrier has the more lanes they can have customers on and the easier traff...
(continues)

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